ThyssenKrupp Uhde acquires Otto Corporation in Japan
02-Dec-2011
- Japan
Back in 1952 Nihon Otto K. K. of Tokyo was founded as a subsidiary of Dr. C. Otto GmbH of Bochum, Germany, and from 1991 onwards it became an independent company trading under the name of Otto Corporation.
ThyssenKrupp Uhde hopes to expand its market presence in the Asian region through its acquisition of Otto Corporation.
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